Infinity Natural director buys 25,000 INR shares
INFINITY NATURAL RESOURCES, INC. director Steven D. Gray reported an open-market purchase of 25,000 shares of Class A Common Stock at a weighted average price of $12.807 per share.
Rhea-AI Filing Summary
INFINITY NATURAL RESOURCES, INC. director Steven D. Gray reported an open-market purchase of 25,000 shares of Class A Common Stock at a weighted average price of $12.807 per share. The shares were bought by The Gray Management Trust, where he is trustee and beneficiary, and he may be deemed to share beneficial ownership subject to his pecuniary interest.
Following these transactions, the filing shows 17,411 shares held directly, 50,000 shares held indirectly through SD Gray Family Partnership LP, and 40,000 shares held indirectly through The Gray Management Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 25,000 | $12.807 | $320K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares of Class A common stock were purchased in multiple transactions at prices ranging from $12.53 to $13.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2. These securities are owned by The Gray Management Trust, of which the Reporting Person is a trustee and beneficiary. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by The Gray Management Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F3. The Reporting Person exercises 100% control over SD Gray Family Partnership LP ("Gray Family Partnership"). Gray Family Partnership is managed by its general partner, SD Gray Management Co., of which the Reporting Person is the chief executive. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Gray Family Partnership, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Key Figures
Key Terms
open-market purchase financial
weighted average price financial
beneficial ownership financial
pecuniary interest financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Steven D. Gray report for INFINITY NATURAL RESOURCES (INR)?
What indirect holdings of INFINITY NATURAL RESOURCES (INR) does Steven D. Gray report?
How does the filing describe Steven D. Gray’s beneficial ownership of INFINITY NATURAL RESOURCES (INR) shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.